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Blockbuster Deal on the Hudson Waterfront Boosts Local Office Market

Lease of the Year for Northern New Jersey
Bank of America will be occupying more than 20 floors of the 36-story Newport Tower. (CoStar)
Bank of America will be occupying more than 20 floors of the 36-story Newport Tower. (CoStar)
CoStar News
March 27, 2024 | 11:15 AM

Northern New Jersey, and its Hudson waterfront, haven't enjoyed a lot of bright spots when it comes to office leasing in recent times. But the area got a monumental boost when Bank of America committed to take roughly 550,000 square at a well-known high-rise in Jersey City.

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